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by MagnumOpus
1944 days ago
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The banking system does a lot of other things than transaction processing. Mortgages, loans commercial banking, trade finance, acquisition financing etc are 95% of what banks do, and cryptocoins won't replace them in any way. Of course even if you count all that, the power consumption per transaction will be at least five orders of magnitude lower than the 0.6MWh per transaction in BTC. |
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